A UK tea company is investing part of a £2.5m bank loan to increase its sustainable practices, including working with local communities in Sri Lanka and other countries to source organic ingredients.
English Tea Shop secured the financial package from HSBC in early 2020. The bank said it was impressed by the brand’s sustainable business practices, which in 2017/2018 saw it have a positive impact on more than 3,000 farmers in Sri Lanka and elsewhere thanks to direct commercial investment in them and local projects.
“Our journey to date is testament to the power of achieving growth by focusing on sustainable initiatives that simultaneously improve business performance,” said the tea brand’s CEO, Suranga Herath. HSBC’s David Skipp said: “Combined with the company’s commercial growth, its social impact is what stood out about English Tea Shop and highlighted its potential for even more success in the future.”
English Tea Shop is a speciality tea company which has a policy of sourcing only organic ingredients – tea, herbs, flowers, fruit and spices – from only small organic farmers.
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A UK tea company is investing part of a £2.5m bank loan to increase its sustainable practices, including working with local communities in Sri Lanka and other countries to source organic ingredients.
English Tea Shop secured the financial package from HSBC in early 2020. The bank said it was impressed by the brand’s sustainable business practices, which in 2017/2018 saw it have a positive impact on more than 3,000 farmers in Sri Lanka and elsewhere thanks to direct commercial investment in them and local projects.
“Our journey to date is testament to the power of achieving growth by focusing on sustainable initiatives that simultaneously improve business performance,” said the tea brand’s CEO, Suranga Herath. HSBC’s David Skipp said: “Combined with the company’s commercial growth, its social impact is what stood out about English Tea Shop and highlighted its potential for even more success in the future.”
English Tea Shop is a speciality tea company which has a policy of sourcing only organic ingredients – tea, herbs, flowers, fruit and spices – from only small organic farmers.